Some believe that the Vasil upgrade will push Cardano to new heights this summer.
The VASIL hard fork will be implemented in Cardano to provide a huge amount of utility.
VASIL will increase the block-size limit to fit more transactions per block.
The Cardano and Plutus smart contract platforms, which are both based on ADA, are set to get a major boost in June with the debut of the Vasil hard fork.
The Cardano development team is seeking innovative scaling methods just like every other popular blockchain. Ethereum, with its scaling difficulties, is looking to layer two solutions, such as Optimism and Arbitrum. These protocols may potentially scale Ethereum to hundreds of thousands of transactions per second.
Cardano is planning to scale its base protocol through sharding without compromising decentralization or security. The VASIL hard fork will be a major milestone in Cardano’s scaling efforts as it will enable Vertical and Horizontal Scaling In Layers (VASIL).
In a recent tweet by a crypto influencer big pey, they said that “the VASIL hard fork is going to be a big deal for Cardano.” They further added that “it will allow full-scale smart contracts on Cardano.”
Cardano is currently the eighth-largest cryptocurrency by market, according to CoinMarketCap. The VASIL hard fork will make Cardano even more attractive to enterprises and developers as it will provide them with the necessary scalability solution.
The team behind Cardano is also working on other important upgrades, such as Ouroboros Genesis – a major upgrade that will enable new network joiners to integrate (or reintegrate) to the Cardano blockchain with ease.
In detail, entities will be able to participate in the protocol execution using only the genesis block information – they need not obtain a trusted checkpoint block. In addition, this feature is one advantage that Proof-of-Work (PoW) blockchains have over Proof-of-Stake (PoS) networks like Cardano.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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